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SEARCHBEIJING -- DaimlerChrysler has started its customer and dealer financing operations in China with the launch of the new company DaimlerChrysler Auto Finance (China) Ltd.
BEIJING -- DaimlerChrysler has started its customer and dealer financing operations in China with the launch of the new company DaimlerChrysler Auto Finance (China) Ltd.
In October, the new company began offering financing and insurance services for its passenger cars and commercial vehicles in China. DCAFC is headquartered in Beijing and has about 50 employees who will work closely with dealers in Beijing, Shanghai and Guangzhou.
DaimlerChrysler is investing $1.5 billion USD in China for its ongoing and future projects to realize Mercedes-Benz passenger car and van production, relocate the former Beijing Jeep Corp. and realize the production of heavy-duty and medium-duty trucks.
The Chrysler Group has also announced its intention to build the Chrysler 300C in Beijing.
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